701 Eastshore #10
Atop 10%Chula Vista, CA 91913
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$1,833/mo full cashflow at 20% down, 7.43% rate.
Works at $200,356 (54% under asking), or at 81% down.
Rent $2,594/mo from 9 leases of studio–2 bed condos & townhomes within 0.5 mi ($2,468–$2,636).
Beds
1
Baths
1.5
Sqft
669
Year Built
1987
Days on Market
0
Property Type
Condo
HOA/mo
$459
MLS ID
PTP2608318
This property is in Chula Vista (91913). Browse neighborhood analytics →
About This Property
ANOTHER SIMPLY DIVINE CORNER UNIT AT "VILLA MARTINIQUE" ACROSS FROM THE LAKE! WELCOME TO THIS CHARMING 1BR/ 1.5 BA, VAULTED CEILINGS & EXPANSIVE WINDOWS THAT INVITE IN NATURAL LIGHT WHILE OFFERING BEAUTIFUL VIEWS TO THE SURROUNDING TREES. WOOD LAMINATE FLOORS, CAN LIGHTS W/DIMMER, MODERN VANITY, MODERN LIGHT FIXTURES. MASTER BATH FINISHED WITH CUSTOM TILE! SPACIOUS VANITY! SUPER SPACIOUS LOVELY KITCHEN W/DOUBLE OVEN & SS REFRIGERATOR, GRANITE COUNTERTOPS, LARGE PANTRY, ELECTRIC STOVE, UPSTAIRS STACKABLE W&D INCLUDED. DETACHED 1 CAR/GARAGE. AC UNIT! PRIVATE ENCLOSED PATIO TO ENTERTAIN! INCREDIBLE COMMUNITY AMENITIES! SANDY BEACH, PADDLE BOAT, VOLLEYBALL, TENNIS COURTS, BQ AREA! WALK TO TRADER JOE'S! WATER & TRASH INCLUDED IN THE HOA! NO MELLO-ROOS!
Mortgage Calculator
Est. Monthly Payment
$3,465
Location
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Zoned Schools
Elementary
EastLake Elementary · grades K-6 · Chula Vista Elementary
Middle
Eastlake Middle · grades 7-8 · Sweetwater Union High
High
Eastlake High · grades 9-12 · Sweetwater Union High
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
4 comps foundThis Property
$2,594
Comp Average
$2,654
721 Eastshore
2bd / 2ba · 752 sqft · Condo
$470K
Est. $2,891/mo
1441 Santa Lucia Road
1bd / 1ba · 629 sqft · Condo
$415K
Est. $2,330/mo
721 Eastshore
2bd / 2ba · 752 sqft · Townhouse
$480K
Est. $2,713/mo
748 Eastshore
2bd / 2ba · 752 sqft · Condo
$484K
Est. $2,682/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of studio–2 bed condos & townhomes within 0.5 mi · $2,468–$2,636
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,833/mo short at 20% down; 81% down or +$2,381/mo rent closes it.
- Break-even price
- $200,356
- Break-even rent
- $4,975/mo
- Cashflow at 35% down
- −$1,376/mo
- Down payment to break even
- 81%
- Rate to break even
- Not reachable
54% under asking
$2,381/mo above the estimate
$355,590 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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